Newcrest Mining Ltd NCMGF

Primary Symbol: A.NCM

Metals & Mining Gold

Newcrest Mining Limited is an Australia-based mining company. The Company's principal activities are exploration, mine development, mine operations and the sale of gold and gold/copper concentrate. The Company owns and operates a portfolio of brownfields and greenfields exploration projects. The Company’s assets include Brucejack, Cadia, Havieron, Lihir, Red Chris, Telfer and Wafi-Golpu. The Brucejack asset is located approximately 950 kilometers (km) from Vancouver, Canada. The Cadia asset is located approximately 25 km from Orange, New South Wales (NSW). The Havieron asset is located approximately 45 km east of Telfer. The Lihir asset is located on the Niolam Island, approximately 900 km from Port Moresby, Papua New Guinea (PNG). The Red Chris asset is located approximately 1,700 km from Vancouver, Canada. The Telfer asset is located approximately 400 km from Port Hedland, WA. The Wafi-Golpu asset is located approximately 65 km from the city of Lae, PNG.

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Newcrest Mining Ltd > PVG

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Comment by Paray99on Jun 27, 2021 12:41am

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Post# 33457085

RE:PVG

The problem is that the grades after starting mining disappointed the first time investors. Now they need to build the trust... which I am sure getting there.

sclarda wrote: Just looking over the news release from June 15th, North Block Zone Phase 2. I had read the highlights before but had not looked at the list of drill holes and their results. Here are some of the highlights.

Hole VU-2859, 51 meters of 31.6 grams per tonne

Hole VU 2860 22.5 meters of 22 grams per tonne

Hole VU-2863 1 meter of 469 grams per tonne

Hole VU-2865 22.5 meters of 60.2 grams per tonne

Hole VU-2866 16.5 meters of 21.1 grams per tonne

Hole VU-2926 7.5 meters of 35.8 grams per tonne

Hole VU- 2928 1 meter of 276 gram per tonne

Hole VU-2932 19.5 meters of 306.6 grams per tonne

Hole VU-2933 15 meters of 561.6 grams per tonne

Hole VU-2935 18 meters of 15 grams per tonne

Hole VU-2961 42.5 meters of 24.5 grams per tonne

Hole VU-2962 14 meters of 191.6 grams per tonne

Hole VU-2965 3 meters of 750 grams per tonne

Hole VU-2967 17.5 meters of 61.7 grams per tonne

The market currently values PVG shares at $11.91 Looking at the chart in 2012 when PVG was a hole in the ground with no mine and no income and needed $600 million US to build the mine and another nine long years to get to the point it sits at today the shareprice was at $18.

And here we sit nine years later at under $12 and dropping everyday. Either i am missing something or the market is. After a long struggle this company is finally in a great financial position with as much cash as debt and is currently starting to pile up huge piles of cash everywhere and to top it off is hitting monster gold in hole after hole on one small portion their huge land package that they now have a lot of free cashflow to put into a major exploration program.

This company is going places and at $11.91 i will be loading up some more tommorow.